Date: October 02, 2026
Ownership & Market Activity
Promoter Share Sale Details:
- Mr. Ashokkumar Haridas Lal sold 16,25,000 equity shares (face value ₹10 each), representing 0.9974% of total equity share capital
- Mr. Jitendrakumar Haridas Lal sold 16,25,000 equity shares (face value ₹10 each), representing 0.9974% of total equity share capital
- Total shares sold: 32,50,000 equity shares, representing 1.9948% of total equity share capital
- Sale executed through open market route
Compliance Context:
- Sale conducted to comply with Minimum Public Shareholding (MPS) requirements under:
- Rule 19(2)(b) and 19(A) of Securities Contracts (Regulation) Rules, 1957
- Regulation 38 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Chapter VI Section VI-A of SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Each promoter sold less than 2% of total paid-up equity share capital
- Sale completed within timeline specified in earlier intimation dated August 27, 2026
Confirmation Statements:
- Entire sale of equity shares has been duly completed
- Intimation made to ensure continued transparency and compliance with applicable SEBI regulations